US futures fall with Fed's next move in focus: Stock market news today

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Stock futures pointed lower on Thursday amid building signs the US economy could be running hot.

Checkout the most seriously awkward camping moments captured on cameraThe former Trump White House attorney doesn't buy the former White House chief of staff's explanation.Toronto city council approved new revenue tools on Wednesday to address the city's grim financial situation as it faces $1.5 billion in budget pressures.

At a special meeting, councillors passed measures to increase municipal land transfer tax rates for homes valued at $3 million or higher and to remove the cap on $5/hour street parking. The land transfer tax increase for luxury homes is set to take effect Jan. 1, 2024.Councillors also decided to direct city staff to report back on plans to impleThe Fed's interest-rate hikes will have severe, delayed impacts on households, businesses, and the wider US economy, Stephanie Pomboy says.

 

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Marketmind: Fed steals focus, stocks sell offThe dominating theme in global financial markets is once again central bank policy, and equity investors in particular are worried. U.S. data is showing a flare-up in inflationary pressures, just as markets had become comfortable with the idea of a Goldilocks scenario replete with soft landings and less hot labour markets. Markets in China and Australia took another steep step down.
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Marketmind: Fed steals focus, stocks sell offA look at the day ahead in European and global markets from Kevin Buckland The dominating theme in global financial markets is once again central bank ...
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